Tag Archives: PH Resorts
Philippines – PH Resorts delays The Base development to focus on Emerald Bay
Philippine’s operator PH Resorts Group has been given permission from PAGCOR, the Philippines gaming regulator, to delay the development of The Base, a casino resort based in Clark so it can concentrate on its Emerald Bay Resort and Casino in Cebu. The Base was due to open in 2022 with 600 electronic gaming machines, 100…
Philippines – PH Resorts Group to raise $12m for construction of Emerald Bay
Udenna Group, owner of Philippine entity PH Resorts Group, has said it will now quickly raise US$12m for the construction of the beach front Emerald Bay, a new integrated resort in Mactan, Cebu, in the Philippines, via a series of share transactions. The company said that by placing and subscription transactions, it will sell 352,441,000…
Philippines – ASKI Japan to provide junket services to Emerald Bay
Japanese junket operator ASKI Japan will provide VIP Japanese players to PH Resorts Group’s Cebu integrated resort Emerald Bay set to be unveiled tin late 2021. ASKI Japan currently runs similar Japanese junkets at South Korea’s Paradise City in Incheon and Paradise Casino Busan, as well as at two Friday Club branded resorts. PH Resorts…
Philippines – Emerald Bay faces delays in Philippines
The Emerald Bay gaming and hotel resort on Mactan island in Cebu, Philippines, is hoping to open ‘in the first quarter 2022,’ according to its developer PH Resorts Group Holdings. Building work on the project began in December 2017 and the project was supposed to open this year but has now been delayed. Designed by…
Philippines – PH Resorts Group to invest $1bn on two casinos in the Philippines
PH Resorts Group Holdings, the leisure and gaming unit of Davao-based businessman Dennis Uy, has said it will invest $1bn to build two casinos in the Philippines; one on Mactan Island in Cebu and the other in Clark Freeport Zone. The company will sell P18.48bn of shares next month and spend $665m to complete the…
